Table of Contents

Senate Municipal Pensions Study Commission Final Report

• Executive Summary 5
• Senate Municipal Pension Study Commission Meetings 7
• Background Information 9
• Municipal Pension Plans Overview 12
• Municipal Budgets and Pension Obligations 15
• Measurements Used to Assess the Fiscal Health of Pension Plans 17
• Other Post Employment Benefit (OPEB) Plans 21
• Potential Barriers to Municipal Pension Reform 23
• Key Recommendations 24
• Endnotes 27